Author: Aditya Raghunath

Aditya Raghunath has worked at Market Realist since 2014, and his research focuses primarily on tech, media, and gaming stocks. He earned his post-graduate diploma in finance and marketing in 2014. Prior to joining Market Realist, he worked for a leading investment bank.

Applied Materials (AMAT) shares have fallen more than 4% on Friday. The company announced its third-quarter results after the market closed on Thursday.

Apple’s Mac notebook shipments outperformed the global market in Q2 with 19.8% YoY growth to 3.2 million units. Global notebook PC shipments rose 0.9% YoY.

The yield curve inverted yesterday, driving markets down. The DJIA fell 800 points yesterday—its worst performance in 2019—on fears of a looming recession.

Cisco (CSCO) stock fell 8% today after releasing its Q4 results after the market closed yesterday. Cisco reported sales of $13.4 billion, a rise of 6% YoY.

Shares of World Wrestling Entertainment (WWE) are currently trading at $66.94. WWE stock has returned an impressive 400% since August 2014.

Alibaba (BABA) announced its fiscal 2020 first-quarter earnings results earlier today. Shares of the Chinese tech giant were up 5% in premarket trading.

The broader indices are bleeding today, and tech stocks are also trading in the red. Should you be worried about a looming recession?

According to reports, popular products in Apple’s Wearables, Home and Accessories segment will be levied with 10.0% tariffs on September 1.

Fitbit stock has fallen more than 25.0% in August. The stock is trading at $3.10 per share, which is 56.0% below its 52-week high of $6.96.

Apple (AAPL) shares gained 4.5% in early market trading on Tuesday. Currently, the stock is trading at $209.33 per share.